Belluscura plc announced that Tony Dyer, Chief Financial Officer, is stepping down from this role and the Board with immediate effect. Simon Neicheril has joined the Company as its new Chief Financial Officer (CFO), a Board position, with immediate effect. Tony will remain with the Company to ensure both a smooth handover to Simon and to continue to support the business in the UK on a part-time basis.

With a large proportion of the Company's operations located in the US, and immediate growth plans in Asia, Tony and the Board have agreed that it is in the best interests of the Company to align its financial base alongside its operations in the US and Simon will be located at the Company's headquarters in Texas. Simon joins from Pace Industries LLC, a $600m revenue manufacturing company with nine locations across the US and Mexico, where he held an interim CFO role. He previously held the role of CFO at GlobalStep, a high growth global software testing company with operations in Canada, the United Kingdom, Romania, and India.

He brings over 20 years of experience having served in a range of senior finance and CFO roles within a variety of industries and worked as a consultant for Big 4 firms. In addition, his broader experience includes having built and scaled finance functions for high-growth and international companies, and led IPO preparedness, investor relations, and ERP selection and implementation. Simon graduated from Marquette University, USA, with a Bachelor of Science in Accounting. He later went on to receive a Master of Business Administration from the Cox School of Business at Southern Methodist University, USA.

He is a Certified Public Accountant.